|
|
|
16.06.26 - 16:21
|
Chinese Stocks, Yuan Drop After Dismal Data Dump: Worst Retail Sales Since COVID (ZeroHedge)
|
|
|
Chinese Stocks, Yuan Drop After Dismal Data Dump: Worst Retail Sales Since COVID
China's consumer spending and investment slumped in May to levels unseen since the pandemic, exposing risks for an increasingly two-speed economy, as Bloomberg's Chang Shu and Eric Zhu noted:
"The supply side remains robust, driven by faster-than-expected expansion in exports and AI tech sectors.
The demand side has faltered, with consumption and private non-tech investment plummeting."
Here's the details:
Industrial Production
Industrial production (IP) growth rose modestly to 4.5% yoy from 4.1% yoy thanks to stronger-than-expected exports, although automobile output growth remained weak and the ongoing global energy shock continued to weigh on chemical-related manufacturing output. In sequential terms, IP gained 0.2% mom non-annualized in May based on our estimates (vs. -1.1% mom non-annualized in April).
By industry, the April-to-May acceleration in year-on-year IP growth was led by faster output...
|
|
|
16.06.26 - 11:00
|
Asian Shares Mixed As China Data Disappoints (AFX)
|
|
|
BEIJING (dpa-AFX) - Asian stocks turned in a mixed performance on Tuesday as investors paused to assess the durability of the relief rally fueled by the long-awaited U.S.-Iran preliminary deal to ......
|
|
|
|
|
|
|
|
|
16.06.26 - 07:57
|
ROUNDUP 2: Autoverkäufe in China brechen ein - droht eine Trendwende? (DPA-AFX)
|
|
|
Laut jüngsten Daten des chinesischen Verbands für Personenkraftwagen (CPCA) wurden in China im Mai nur noch rund 1,5 Millionen Fahrzeuge verkauft - ein Minus von 22 Prozent verglichen mit demselben Vorjahresmonat. Zwischen Januar und Mai sanken die Verkäufe zudem um fast 20 Prozent gemessen am Wert desselben Vorjahreszeitraums.. --- Hinzu kommt die schwache Konsumstimmung. Viele Verbraucher halten sich zurück. Die in China andauernde Immobilienkrise belastet Vermögen und Vertrauen. Laut Keim haben viele Kunden mit Kreditrückzahlungen aus Immobiliengeschäften zu kämpfen. Ein Auto ist für viele Haushalte damit eine Anschaffung, die sich leichter verschieben lässt.. --- Ein wichtiger Ausweg ist deshalb der Export. Allein im Mai stiegen die Pkw-Ausfuhren laut CPCA um rund 75 Prozent. Besonders in Mittel- und Südamerika, Australien, Südostasien und Afrika sieht Cui große Chancen für chinesische Hersteller..
|
|
|
|
|
|
|
16.06.26 - 05:48
|
Chinese metal producer MMG to raise US$1.6 billion selling stocks and bonds (SCMP)
|
|
|
MMG, the offshore metal-producing unit of state-backed China Minmetals Corp, plans to raise a combined US$1.6 billion selling placement shares and convertible bonds to fund business expansion amid rising demand for metals driven by artificial intelligence (AI) infrastructure buildout.
The company, which produces metals including copper, zinc and gold, planned to rake in HK$6.27 billion (US$800.4 million) from a placement of 705.9 million shares through the Hong Kong stock exchange. It also......
|
|
|
|
|
15.06.26 - 12:06
|
Chinese compound chip stocks surge after Supreme Court blocks Infineon in GaN patent case (SCMP)
|
|
|
A Chinese ban on German chip giant Infineon Technologies selling gallium nitride (GaN) products in mainland China triggered a spike in domestic semiconductor stocks on Monday, as the landmark patent dispute was expected to reshape the country's “third-generation” chip sector.
A decision by China's Supreme People's Court on Friday upheld a lower court's injunction issued against the German company in May, according to a statement released by domestic rival Innoscience.
The lower court found that......
|
|
|
|
|
|
|
15.06.26 - 09:01
|
US-Iran Deal Triggers Rally in Asian Stocks | The China Show 6/15/2026 (Bloomberg)
|
|
|
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)...
|
|
|
|
|
|
|
|
|
15.06.26 - 03:24
|
Higher Open Called For China Stock Market (AFX)
|
|
|
BEIJING (dpa-AFX) - The China stock market on Friday ended the two-day slide in which it had dipped more than a dozen points or 0.3 percent. The Shanghai Composite Index now sit just above the 4,0......
|
|
|
|
|
12.06.26 - 03:24
|
China Shares May Stop The Bleeding On Friday (AFX)
|
|
|
BEIJING (dpa-AFX) - The China stock market has finished lower in consecutive trading days, falling more than a dozen points or 0.3 percent along the way. The Shanghai Composite Index now sit just ......
|
|